Quote:
Originally Posted by hayseed
With the All Ordinaries Index Down ~11% YTD
I thought I'd Bump this Thread for Peoples Thoughts..
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Dont buy index funds LOL. Yes, the last 6 months have been pretty crap, but that was bound to happen sooner or later, but overall since I started (Nov 20) I'm up 20% which is better than the dismal 1% the banks were offering. I dont have the level of interest to pick shares. I'm just dropping in $5k every few months and will for the next 10 years, and if there's enough to carry me through to 65yo, then I'll retire.